Any other hints as to how to make a success of this new venture?
2007-07-22 11:20:40 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
A used car dealer can possibly be started using jump leads.
2007-07-22 11:38:24 · answer #1 · answered by john g 5 · 0⤊ 0⤋
Sounds like you better start researching or go back to school. This doesn't sound like a very well-thought-out plan.
For instance, can you live on no income for say, six months if the car market flops? Do you have enough money to buy suitable office and parking space (a made-over gas station won't do the job!)?
I think if used car dealers knew the answers to your questions up there, there wouldn't be any dealerships going out of business. But nobody knows. Cars sell and they don't. You don't have any control. Are you ready to get sink your life savings into something like that?
2007-07-22 18:33:04 · answer #2 · answered by TX Mom 7 · 1⤊ 0⤋
Maybe start with wholesale first. Going to the auctions, bidding on units, or going to new car stores and bidding on their trades. Consigning your cars and see how this side works first, then faze into retail. Times are really hard right now, and unless you have some sort of foundation it will be very hard, but I'm sure you can do it! You will need to apply for a dealer license, and California requires a class. Go to www.dmv.ca.gov ; forms ; vehicle industry ; occupational licensing. Well wishes on your endeavor!!
2007-07-22 21:48:24 · answer #3 · answered by worldthatwas 3 · 0⤊ 0⤋
how to make a small fortune in the car business??? start with a large one. the automotive industry can be very lucrative however keys to any successful business you need a minimum of these 2 items money or experience ideally both advertising is a necessary evil, business thrives on competition sounds like a great venture nothing risked nothing gained good luck, luck stands for
(L) LABOR (U) UNDER (C) CORRECT (K)KNOWLEDGE
note; a unit can sell in 1 hr or in 90 days no one has that crystal ball price/cosmetics if in line they will sell build it and they will come may your dreams come true
2007-07-22 19:34:00 · answer #4 · answered by HAMMER 1 · 0⤊ 0⤋
Do you know anything about cars? Can you do mechanical work? Can you valet them to make them attractive to potential purchasers?
Should you advertise? I think that if you didn't, you're pretty much dead in the water.
It's a cut throat business out there and I know that I'm going to get the 'thumbs down', but unless you know your stuff you're doomed.
Good luck
2007-07-22 18:44:08 · answer #5 · answered by Anonymous · 2⤊ 0⤋
it can take any kind of time. it's all about the type of the car , how new is it and it's colour.
it's great to choose the colour your self !!!
2007-07-22 18:29:01 · answer #6 · answered by beautiful tree 1 · 1⤊ 1⤋